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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Anderson at 3004 Sheridan St, Anderson, IN, 46016 listed at $140,800 pairs $1,361/mo rent with a $689/mo payment to leave $516/mo cash flow. Total monthly income runs $1,361/mo, and annual cash flow reaches $6,191/yr on $46,675 cash to close. Return on cash invested measures 33.17% in year one, and rental yield registers 11.6% at a $140,800 basis. Equity gained on principal adds $909/yr, and annual property appreciation at 5% supports $38,900 by year five. Five-year ROI tracks 173.74% and total cumulative return in cash totals $81,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,361/mo property income relative to a $689/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
6,351 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46016, Anderson, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,325 (100%) |
| Owner Occupied HU | 3,134 (33.6%) |
| Renter Occupied HU | 4,232 (45.4%) |
| Vacant Housing Units | 1,959 (21.0%) |
| Median Home Value | $69,970 |
| Average Home Value | $116,674 |
Residential
7,917
Single Family
7,212
Multi-Family
705
Businesses
746
Date | Event | Price |
|---|---|---|
| 2025-08-07 | Listing removed | $145,000 |
| 2025-07-29 | Price change | $145,000 |
| 2025-07-09 | Price change | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-08 | $565.42 | -0.45% | $58,600 | 9.53% |
| 2023-10-08 | $567.98 | 8.17% | $53,500 | N/A |
| 2022-10-08 | $525.08 | 4.44% | $53,500 | 8.52% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
